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Oct 18, 2013
10/13
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FBC
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ceiling, recognizing the need to pay debt and reduce long time. it's not as though this result was a conversion for chairman brady. he was there long before. we appreciate you being with us. appreciate it. congressman kevin bray kingery. >> thank you, lou. lou: they have not finished the coffee before the president demanded, that's right, immmgration reform. we bring you up to date on the president's favorite topic, seemingly, next. ♪ friday night, buddy. you are gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you. it's simple. search, compare, and apply at creditcards.com. first round's on me. lou: the number of foreigners seeky asylum in this country is rising, the number of requests is rising dramatically acording
ceiling, recognizing the need to pay debt and reduce long time. it's not as though this result was a conversion for chairman brady. he was there long before. we appreciate you being with us. appreciate it. congressman kevin bray kingery. >> thank you, lou. lou: they have not finished the coffee before the president demanded, that's right, immmgration reform. we bring you up to date on the president's favorite topic, seemingly, next. ♪ friday night, buddy. you are gonna need a wingman....
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Oct 17, 2013
10/13
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FBC
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ceiling, recognizing the need to pay debt and reduce long time. it's not as though this result was a conversion for chairman brady. he was there long before. we appreciate you being with us. appreciate it. congressman kevin bray kingery. >> thank you, lou. lou: they have not finished the coffee before the president demanded, that's right, immmgration reform. we bring you up to date on the president's favorite topic, seemingly, next. ♪ e ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer
ceiling, recognizing the need to pay debt and reduce long time. it's not as though this result was a conversion for chairman brady. he was there long before. we appreciate you being with us. appreciate it. congressman kevin bray kingery. >> thank you, lou. lou: they have not finished the coffee before the president demanded, that's right, immmgration reform. we bring you up to date on the president's favorite topic, seemingly, next. ♪ e ocean gets warmer. the peruvian anchovy harvest...
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606
Jan 13, 2013
01/13
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CNNW
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we have got to start bringing, reducing spending reducing the -- >> the debt ceiling is a a technicality. you're talking about the budget, you're talking about federal spending. let me show you a piece of the "wall street journal" and get your comment. they said you can't take a hostage you aren't prepared to shoot. i don't want to ask you about hostages and shooting. i want to ask you a question in a different way. do you understand that the consequence or what the consequences are of the u.s. even technically defaulting on its financial obligations and are you willing to let that happen? you talked about interest rates. but the u.s. government has a lot more to pay than interest. >> ali, i don't want to play brinkmanship. when you start coming to the fact that we continue not to run deficits over $1 trillion per year. our interest rate is going to increase and interest expense can, you know if we just revert to our 30-year average interest costs from 1970 to 1999, that adds $600 billion in interest costs per year, that's what we're trying to prevent. my suggestion is we increase the de
we have got to start bringing, reducing spending reducing the -- >> the debt ceiling is a a technicality. you're talking about the budget, you're talking about federal spending. let me show you a piece of the "wall street journal" and get your comment. they said you can't take a hostage you aren't prepared to shoot. i don't want to ask you about hostages and shooting. i want to ask you a question in a different way. do you understand that the consequence or what the consequences...
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Oct 16, 2013
10/13
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CSPAN2
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i'm here to tell you how this government shutdown and the fight over the debt ceiling are continually causing company layoffs and reduced production on government contracts. as a small business owner i'm deeply impacted by the events that unfolded over the last two weeks that a force our employees and their families to cope with the realities of this government shutdown. they now know what means other jobs and financial security place in jeopardy by events that are wholly outside of their control. as a result of the shutdown and light and has made difficult choices in the way we manage our human capital. comment layoffs due to comment shutdowns have become commonplace forcing us to say goodbye to some of our best and brightest employees. we were forced to furlough to employees due to loss of work at the department of justice and another 25 in the 14 days since october 1. those not presently affected by the layoffs live with the real danger of losing their jobs. meanwhile, they watch their elected representatives battle want another in a war of uncompromising positions. not only do i f
i'm here to tell you how this government shutdown and the fight over the debt ceiling are continually causing company layoffs and reduced production on government contracts. as a small business owner i'm deeply impacted by the events that unfolded over the last two weeks that a force our employees and their families to cope with the realities of this government shutdown. they now know what means other jobs and financial security place in jeopardy by events that are wholly outside of their...
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Oct 23, 2013
10/13
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KQED
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the chance that the debt ceiling will be used as a weapon and it should be eliminated entirely but if that is the best we can do politically more power to him. >> rose: what would -- >> it just would have been plain stupid, you know, it would be -- it would be like using poison gas or something just because you weren't getting your own way. it is not something to be used as a weapon. >> rose: okay. so now you have democrats and republicans and you have a commission, merry and paul ryan, sort of chairing it. >> yes. >> rose: and they have -- >> they are good people. >> rose: and they are good people and they have -- and they know something about budgeting, because they are chairman of the respect if the committees. you now have until december 13th, should they use simpson-bowles as a starting point? >> well i think thick use that or something like it. i mean, their goal ought to to be to get a lot done. >> rose: so what should they try to get done? help me understand what a warren buffett recommendation should be. >> well they can't get everyone on board but do as much as they can rais
the chance that the debt ceiling will be used as a weapon and it should be eliminated entirely but if that is the best we can do politically more power to him. >> rose: what would -- >> it just would have been plain stupid, you know, it would be -- it would be like using poison gas or something just because you weren't getting your own way. it is not something to be used as a weapon. >> rose: okay. so now you have democrats and republicans and you have a commission, merry and...
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Jan 14, 2013
01/13
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COM
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so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can all agree on? >> house speaker john boehner had kind of a rough week here. the at a party folks not happy with the deal that he struck >> the president was able to get the speaker to undo everything he had promised he would do >> where are you? mr. speaker, we need leadership. >> tonight i am ashamed, shame on you, mr. speaker. >> jon: republican or democrat, senator or congressman, team edward or team jacob, everyone agrees john boehner sucks. at least we can be assured that as the incoming congress votes for a new speaker of the house, it's clear what the outcome is going to be. >> john boehner won re-election as house speaker today. >> jon: oh, boy. (train whistle blowing) >> jon: welcome back to the show. listen. as you may recall, a couple months ago america was hit by two major disasters. one of them natural, hurricane sandy and one of them somewhat man made the republican majority in the house of representatives. the second of those
so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can all agree on? >> house speaker john boehner had kind of a rough week here. the at a party folks not happy with the deal that he struck >> the president was able to get the speaker to undo everything he had promised he would do >> where are you? mr. speaker, we need leadership. >> tonight i am ashamed, shame on you, mr. speaker. >> jon:...
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Jan 12, 2013
01/13
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CNNW
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ceiling in incremental amounts until we get president obama to get serious about reducing spending -- >> you will vote to increase it in an incremental amount. >> listen, there's a very good construct in terms of giving, you know, $1 increase the debt ceiling for every $1 in deficit reduction. that's what we have to start using the debt ceiling to impose that spending discipline on this administration. face it, president obama is saying we don't have a spending problem. we have a spending problem, this nation. we have a deficit spending problem. >> right. >> we should be doing this incrementally. this is this debate is not going away. >> we've heard both sides, bumper stickers. back to my example of february the 15th. we had $52 billion in committed spending, $9 billion in money we're taking in. by the way, there isn't a chest of money sitting around for the extra stuff. i have a list there. interest, the biggest part. $30 billion. taking in $9 billion, have $30 billion in interest. you say there are other ways to handle that. tax refunds, federal salaries, military pay, $2.7 billion,
ceiling in incremental amounts until we get president obama to get serious about reducing spending -- >> you will vote to increase it in an incremental amount. >> listen, there's a very good construct in terms of giving, you know, $1 increase the debt ceiling for every $1 in deficit reduction. that's what we have to start using the debt ceiling to impose that spending discipline on this administration. face it, president obama is saying we don't have a spending problem. we have a...
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Oct 7, 2013
10/13
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MSNBC
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ceiling deal. >> in my view the debt ceiling, we should look for three things. number one, we should look for some significant structural plan to reduce government spending. number two, we should avoid new taxes and number three, look for ways to mitigate the harms from obama care. >> you think that some facet of the president's health care plan should be attached to an increase in the debt ceiling? >> the debt ceiling historically has been among the best leverage that congress has to reign in the executives -- >> so, yes? >> yes, yes. >> wow. cruz was backed up by fellow shutdown supporter florida congressman ted yoho, you're seeing the tremor before the tsunami here, i'm not going to raise the debt ceiling and added, i think personally think it would bring stability to the world markets. wow. a check on the markets show they are all down. jonathan allen at the "washington post," the "washington post" bureau chief at politico is up right now. ted cruz seems to be doubling down in the insanity and telling us this thing is nowhere near over? >> your words not min
ceiling deal. >> in my view the debt ceiling, we should look for three things. number one, we should look for some significant structural plan to reduce government spending. number two, we should avoid new taxes and number three, look for ways to mitigate the harms from obama care. >> you think that some facet of the president's health care plan should be attached to an increase in the debt ceiling? >> the debt ceiling historically has been among the best leverage that...
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Mar 9, 2013
03/13
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FOXNEWSW
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this time over the debt ceiling. he is reportedly asking republicans to cut a deal on reducing the deficit by august when we're set to hit our borrowing limit. according to the newspaper the hill, he made that suggestion when he took about a dozen g.o.p. senators out to dinner earlier this week. one republican who was there says he agrees with the president wants time line. he points out it will be even harder to cut a deal in the fall when everybody starts focusing on next year's elections of. we're less than two months into president obama's term so it must be time to start figuring out the 2016. one is senator rand paul. he stepped into the spotlight earlier this week. first big step on the national stage and he got noticed. that filibuster did it on capitol hill. pushed him -- pushing for more details on the president's droning policy. and just yesterday he mentioned that he is seriously considering a white house run. of course the former florida governor jeb bush is making noises among that bunch as well. he spo
this time over the debt ceiling. he is reportedly asking republicans to cut a deal on reducing the deficit by august when we're set to hit our borrowing limit. according to the newspaper the hill, he made that suggestion when he took about a dozen g.o.p. senators out to dinner earlier this week. one republican who was there says he agrees with the president wants time line. he points out it will be even harder to cut a deal in the fall when everybody starts focusing on next year's elections of....
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Jan 27, 2013
01/13
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CNN
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congress voted to suspend the debt ceiling for three months and figure out deeper cuts to reduce the deficit. that keeps me employed for a few more months. but even before that deadline hits, again, march 1st will be on us. the so-called sequester deadline. that's a stupid washington name for a stupid and dangerous washington creation. the automatic across the board spending cuts. and then there's another date to worry about, april 15th. not just tax filing day, but the date by which congress has promised to adopt a budget resolution. they've even this time staked their pay on it, agreeing to reach a deal or face suspension of their paychecks until they reach a deal. that might just be enough of a carrot to present a budget that takes on our ballooning deficit. but the battle over that deficit make that recent battle over tax hikes for the rich seem like a friendly game of badminton. big spending cuts are needed and they will hit americans where it hurts. health care, medicare, social security. president obama emboldened by his re-election has already drawn his so-called line in the
congress voted to suspend the debt ceiling for three months and figure out deeper cuts to reduce the deficit. that keeps me employed for a few more months. but even before that deadline hits, again, march 1st will be on us. the so-called sequester deadline. that's a stupid washington name for a stupid and dangerous washington creation. the automatic across the board spending cuts. and then there's another date to worry about, april 15th. not just tax filing day, but the date by which congress...
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Oct 12, 2013
10/13
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i try to be an american student of history, steve, there have been discussions reducing the debt ceiling in the past back to the time of dwight d. eisenhower. i have voted to raise the ceiling, i explained to my constituents why it's important not to default on our obligations. i would point out when president obama was in the united states senate in 2006 as i recall, he did not vote to raise the debt ceiling. i have tried to be responsible on this issue. let me repeat, steve, under no circumstances do i ever want to default on any obligations, not only the payment of interest on treasury bills, but to our contractors, to those within whom the federal government engages in contracts. we should pay all our bills. >> congressman, i appreciate the time. i hear this something of barak barak from 2006, brought up all the time. i'm not going to say this was a profile encouraged to cast that vote if 2006. i don't think he should have cast that vote. but the difference was, it really was, in effect, a symbolic vote. there was no threat attached to it, no concerted movement by democrats, by the o
i try to be an american student of history, steve, there have been discussions reducing the debt ceiling in the past back to the time of dwight d. eisenhower. i have voted to raise the ceiling, i explained to my constituents why it's important not to default on our obligations. i would point out when president obama was in the united states senate in 2006 as i recall, he did not vote to raise the debt ceiling. i have tried to be responsible on this issue. let me repeat, steve, under no...
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Jan 15, 2013
01/13
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CNBC
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we're the only country on earth that has a debt ceiling limit. so let's get real and try to do something that's more -- that's more appropriate and more effective than we have had in the past. ultimately we need to build a bridge to a grand bargain later this year which includes social insurance reforms and comprehensive tax reform. that will make it simpler, fairer, more competitive and generate more revenues. >> you know, on that taxes, i am just beside myself with the desire to have business tax cuts. large and small business tax cuts. i think we should have done this four years ago. >> i definitely think that we have to streamline, simplify the corporate tax code. we need to move to territorial and take the top rate down to 25%. permanent r&d tax credit. we need to give a deduction to dividends districted. let's lower the top rates to 25%, which makes it simpler, much more competitive and i think that's the way forward. >> did you hear today any sense, any tone of compromise on taxes and spending and the rest of it from the president's news c
we're the only country on earth that has a debt ceiling limit. so let's get real and try to do something that's more -- that's more appropriate and more effective than we have had in the past. ultimately we need to build a bridge to a grand bargain later this year which includes social insurance reforms and comprehensive tax reform. that will make it simpler, fairer, more competitive and generate more revenues. >> you know, on that taxes, i am just beside myself with the desire to have...
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Jan 4, 2013
01/13
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MSNBCW
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what came out of the last debt ceiling fight was the budget control. it does massively reduce spending. it has succeeded in opposie ini austerity. >> you're talking about in '11? >> yes. the burdget control act reduces spending. it's keeping social security and medicare out of that, right? they are not coming back for a second bite of the apple. but it's not crazy thinking on their part. >> no, it's not. but isn't the fact that the president is in a different position now, melissa, and it's certified today he won with 51%, he doesn't have another election. it's a different political fight today than it was? >> it undoubtedly is. the president is still primarily bound by a weak executive office. not that he personally is weak, but that the american presidency can't just sort of force this to happen. unless he is prepared to play this game all the way out and go back to that 14th amendment which came up as a conversati conversational topic that the president, as the leader of the station actually has the capacity, constitutionally, to say these are alrea
what came out of the last debt ceiling fight was the budget control. it does massively reduce spending. it has succeeded in opposie ini austerity. >> you're talking about in '11? >> yes. the burdget control act reduces spending. it's keeping social security and medicare out of that, right? they are not coming back for a second bite of the apple. but it's not crazy thinking on their part. >> no, it's not. but isn't the fact that the president is in a different position now,...
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Apr 10, 2013
04/13
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it is reducing budget deficits. we have staggering national debt, though, and that's what they keep fighting about. >> you think the end of july deadline for increasing the nation's debt ceiling in effect is a deadline for the republicans and democrats to come up with some sort of plan? we don't have that have that crisis at the end of july? >> i think we have a washington that is for some reason into these manufactured and avoidable crises. i never thought last august we would have a crisis of a deadline and we certainly did. i hope we don't, again, in july. but i think you're seeing, i don't know, you tell me, i think you're seeing more opportunity for consensus now than we did a year and a half ago and maybe that's a good sign. >> i think it was a little bit more, but i wouldn't -- >> a little, a tiny, tiny bit. >> i know that the president's going to have another dinner with a dozen republican senators tonight here in washington so that charm offensive continues. let's hope it becomes very charming and everybody
it is reducing budget deficits. we have staggering national debt, though, and that's what they keep fighting about. >> you think the end of july deadline for increasing the nation's debt ceiling in effect is a deadline for the republicans and democrats to come up with some sort of plan? we don't have that have that crisis at the end of july? >> i think we have a washington that is for some reason into these manufactured and avoidable crises. i never thought last august we would have...
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Dec 11, 2013
12/13
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CNNW
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it doesn't address the debt ceiling. the debt standing at $17 trillion. it doesn't really address any of the major contributors to the growing debt. is this even though i don't want to jinx some accomplishment that might be achieved here. is this still even though it is a compromise and people coming together, kicking the can down the road even though it is an accomplishment of some sort. >> that's the defining question. it doesn't have tax reform. it doesn't have a lot of things republicans want. it doesn't get tthe big drivers like entitlement spending, medicare, social security and the like. it kicks big questions down the road. is ia down payment in they at least got into a rule. they say we didn't give up the store. we made a reasonable principle compromise. does that get a bigger one to build the trust? or does this back huge lightning rod. we are so close to 2014 and we are saying do i have to stand wi the white house anymore. how this debate plays out will give us a hint on whether you can go back for more. given that you pass this and go right to
it doesn't address the debt ceiling. the debt standing at $17 trillion. it doesn't really address any of the major contributors to the growing debt. is this even though i don't want to jinx some accomplishment that might be achieved here. is this still even though it is a compromise and people coming together, kicking the can down the road even though it is an accomplishment of some sort. >> that's the defining question. it doesn't have tax reform. it doesn't have a lot of things...
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Jan 3, 2013
01/13
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. >> the president says he's not even going to negotiate on raising the debt ceiling. the republicans say he better. they are setting up a huge fight right now. >> they are. and look, this is what the republicans have going for them, reducing the size of government is rupture if, just like raising taxes on the wealthy was democratic turf. this is republican turf. it's popular. government is unpopular. people want to reduce spending. what the democrats have going for them and what the president believes he has going for him, the president says, okay, do you guys want to be responsible for shutting down the government? do you want to be responsible for us defaulting on our debt which people in this country believe is irresponsible? your public approval rating is, already, what, 12%, which i think is high for this congress? so the president believes he has the better part of that argument. the president is saying, the people are with us when it comes to government spending. >> you have a strong column on cnn.com. >> thank you. >> we have stacked the deck against ourselves
. >> the president says he's not even going to negotiate on raising the debt ceiling. the republicans say he better. they are setting up a huge fight right now. >> they are. and look, this is what the republicans have going for them, reducing the size of government is rupture if, just like raising taxes on the wealthy was democratic turf. this is republican turf. it's popular. government is unpopular. people want to reduce spending. what the democrats have going for them and what...
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Dec 11, 2013
12/13
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CNNW
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it doesn't address the debt ceiling. the debt standing at $17 trillion. it doesn't really address any of the major contributors to the growing debt. is this even though i don't want to jinx some accomplishment that might be achieved here. is this still even though it is a compromise and people coming together, kicking the can down the road even though it is an accomplishment of some sort. >> that's the defining question. it does addiction big questions. it doesn't have tax reform. it doesn't have a lot of things republicans want. it doesn't get to the big drivers like entitlement spending, medicare, social security and the like. it kicks the big questions down the road. is it a down payment in they at least got into a rule. they say we didn't give up the store. we made a reasonable principle compromise. does that get a bigger one to build the trust? or does this back huge lightning rod. we are so close to 2014 and we are saying do i have to stand with the white house anymore. how this debate plays out will give us a hint on whether you can go back for mor
it doesn't address the debt ceiling. the debt standing at $17 trillion. it doesn't really address any of the major contributors to the growing debt. is this even though i don't want to jinx some accomplishment that might be achieved here. is this still even though it is a compromise and people coming together, kicking the can down the road even though it is an accomplishment of some sort. >> that's the defining question. it does addiction big questions. it doesn't have tax reform. it...
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Jan 2, 2013
01/13
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MSNBCW
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eye 189
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there is a lot that is good here, but the debt ceiling issue is the big looming issue and will be resolved soon. >> the deft sit reduction dill doesn't reduce the deficit or cut spending. taxes will go up because we failed to extend the payroll tax cut. in good news, there is money for nascar race tracks and puerto rican rum dealers. who on the hill is feeling good about themselves today despite this on what basis are they feeling good? >> you pointed to a lot of taxes are going up. 77% of americans are going to see the taxes go up. that payroll tax increase is important. we crunched numbers on this and for a family with two earners making $80,000 a year, that is $1700 additional you will have to pay. that's not nothing. i am pleased i have to say that we were able to go through without the spending cuts at least for now. that's crucial. we are still in a 2% growth economy. i hope that's not a political chicken in february or march. kargd the payroll tax cuts, neither side was fighting for those. even nancy pelosi said a while back she didn't want to vote to extend because of the long-term
there is a lot that is good here, but the debt ceiling issue is the big looming issue and will be resolved soon. >> the deft sit reduction dill doesn't reduce the deficit or cut spending. taxes will go up because we failed to extend the payroll tax cut. in good news, there is money for nascar race tracks and puerto rican rum dealers. who on the hill is feeling good about themselves today despite this on what basis are they feeling good? >> you pointed to a lot of taxes are going up....
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Jan 2, 2013
01/13
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CSPAN
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how we end the fact that he would absolutely under no circumstances debate the debt ceiling limitation and if the president is able to flole through on that perspective, that would relieve a numb of people who were concerned because they saw this agreement as softening things that had been earlier pretty bright lines in part of the campaign. but that's going to be unfortunately, it'll take two or three months of hand-to-hand political combat to determine. another area that's deeply concerning to people like me is that there are other things we need to do. we need to reform the immigration system, for instance, and the president is committed to it. it's long overdue. but if we're going to be bogged down for the next two, three, four months with more budget drama like we've had, it's going to be very hard to deal with gun safety, to deal with immigration reform, and a whole range of other things that are still, not just on the backburner, they're on the front burner but maybe simmering a little bit. host: congressman earl blumenauer, democrat of oregon, on the budget and ways and means c
how we end the fact that he would absolutely under no circumstances debate the debt ceiling limitation and if the president is able to flole through on that perspective, that would relieve a numb of people who were concerned because they saw this agreement as softening things that had been earlier pretty bright lines in part of the campaign. but that's going to be unfortunately, it'll take two or three months of hand-to-hand political combat to determine. another area that's deeply concerning...
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Oct 10, 2013
10/13
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CNN
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ceiling is raised for the six-week period, to talk big picture about reducing the debt and deficit, all the things they have been talking about for awhile. and lastly, a promise to appoint budget conferees, meaning negotiators to come together to deal with the budget which i don't think will be a tough sell since democrats have been demanding that for some time. those are the goals. whether or not obama care will be in there, that is a big open question. there is certainly a lot of pressure from ted cruz still not to give up on that. they say they might just try just to say that they tried, but privately republicans say that they just simply -- they know that's a nonstarter for the white house. >> we know democrats aren't thrilled that this republican plan doesn't include reopening the government but you are hearing now some republicans are unhappy about that, too. >> reporter: fascinating. our congressional producer has been combing the hallways as he usually does. he talked to so many senate republicans, really that run the gamut in the republican party from john mccain to susan c
ceiling is raised for the six-week period, to talk big picture about reducing the debt and deficit, all the things they have been talking about for awhile. and lastly, a promise to appoint budget conferees, meaning negotiators to come together to deal with the budget which i don't think will be a tough sell since democrats have been demanding that for some time. those are the goals. whether or not obama care will be in there, that is a big open question. there is certainly a lot of pressure...
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Oct 10, 2013
10/13
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MSNBC
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that will strike them if the debt ceiling is not increased. fidelity investments, the nation's largest money market mutual fund manager, some of you out there watching this have money infidelity, fidelity sold all of its short term u.s. government debt. the latest sign that investors are increasingly nervous about possibility of a government default. the republicans who are doing this to the country, the republicans who are increasing federal spending obviously have no idea that they're doing that. >> why you don't think we should raise the debt limit that would actually be good for the country? >> you need to convince me why we need to raise the debt limit? if raising the debt limit is going to cure our ills and our -- the situation we have now -- we have raised it 14 times since 2001. we're not going to go into default. and so -- raising, hitting the debt ceiling doesn't equal, raising, defaulting. >> the congressman, his real name, has no idea that his simply saying those things for the last come of weeks has actually increased government s
that will strike them if the debt ceiling is not increased. fidelity investments, the nation's largest money market mutual fund manager, some of you out there watching this have money infidelity, fidelity sold all of its short term u.s. government debt. the latest sign that investors are increasingly nervous about possibility of a government default. the republicans who are doing this to the country, the republicans who are increasing federal spending obviously have no idea that they're doing...
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Dec 11, 2013
12/13
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MSNBCW
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eye 139
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it was the final package, which really lifted the debt ceiling by close to $500 billion without any systemic changes that i had a problem with. but as the speakers pointed -- paul ryan pointed out, i believe the score on this will actually reduce the deficit. and that is a move in the right direction. >> yeah, and i was speaking to some democrats on the senate budget committee today, and they have said that. i think the numbers seem to bear that out from what we understand. it is new numbers. i think the piecemeal votes, people can debate that out. i do want to turn to the nsa surveillance. it's a controversial issue for a lot of people. but also increasingly nonpartisan. as you know, the "washington post" reports the agency now is using google's tracking technology to spy on many people, and there's a senate hearing that i want to play some sound from. take a listen. >> how do you connect the dots? and that's the issue with the meta data program. there is no other way that we know of to connect the dots. and so that gets us back to do we not do that at all? given that the threat is growing,
it was the final package, which really lifted the debt ceiling by close to $500 billion without any systemic changes that i had a problem with. but as the speakers pointed -- paul ryan pointed out, i believe the score on this will actually reduce the deficit. and that is a move in the right direction. >> yeah, and i was speaking to some democrats on the senate budget committee today, and they have said that. i think the numbers seem to bear that out from what we understand. it is new...
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Mar 20, 2013
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could be disruptive to a significant degree, that we would raise the debt ceiling $2.1 trillion but we would reduce spending over ten years $2.1 trillion. well, we've already run up another $2.1 trillion in debt. we've already hit that. but they're proposing, and the president himself in his budget last january, six months -- less that six months after he signed the budget control act eliminating a little bit of the growth in spending, he's proposing to eliminate it, at least the sequester part of it, which is $1.2 trillion, 60%. so here are some other figures that are plain that the american people should know about this budget. it has a 60% spending increase over ten years, would increase spending 60%. it has $162 billion increase in spending next year, another stimulus bill. $7.3 trillion in new federal debt will be added under this budget over the next ten years. $1.5 trillion in tax increases. 80% increase in federal welfare and means-tested poverty spending. all the poverty programs, mean-tested programs would increase 80%. no reform of those programs but a big, big, big incre
could be disruptive to a significant degree, that we would raise the debt ceiling $2.1 trillion but we would reduce spending over ten years $2.1 trillion. well, we've already run up another $2.1 trillion in debt. we've already hit that. but they're proposing, and the president himself in his budget last january, six months -- less that six months after he signed the budget control act eliminating a little bit of the growth in spending, he's proposing to eliminate it, at least the sequester part...
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Jan 2, 2013
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bills up against the debt ceiling debate. republicans and mitch mcconnell working very closely with vice president biden signaled that that debate is coming. that very debate that the president said he will not have, again. let's bring in our panel for final thoughts. steve hays, amy stoddard and charles krauthammer. charles? >> i think the president laid down the marker. we have to increase investments which is democratic way of saying spending growth, bridges, are indeed education etc.. so it's clear he wants to increase spending he's willing to give a nod to a cut here and there but wants more spending and more taxes that. is what he said again and again. we have to raise revenues, close loopholes so he's going get a seconds shot at raising taxes. that, i think is his objective. he repeated this idea i'm not going to debate. speaking about raising the debt ceiling. i think that is a bluff he cannot keep. he's going to put the economy in jeopardy. last time we had a debt ceiling issue his pop lrt sank. sank from republicans
bills up against the debt ceiling debate. republicans and mitch mcconnell working very closely with vice president biden signaled that that debate is coming. that very debate that the president said he will not have, again. let's bring in our panel for final thoughts. steve hays, amy stoddard and charles krauthammer. charles? >> i think the president laid down the marker. we have to increase investments which is democratic way of saying spending growth, bridges, are indeed education etc.....
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Jan 15, 2013
01/13
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host: would you agree to raise the debt ceiling short-term? guest: i think that is say mathematical imperative. am i open to raising the debt ceiling? i am. we got into this wilderness over a long period of time. my deep duty to the second rational district of virginia -- we have the highest concentration of men and women in uniform. we've got to make the decisions now. host: art in florida. caller: good morning. if you could give me a few minutes of your time. i am 47 years old and i depend on disability. heart.ta weak i have a pacemaker. my aorta has been replaced with a wire mesh tube. i have been trying to find part- time work so i can be a productive member of society. i keep hearing you want to cut medicare and trim social security and everything. these are programs i need to survive on. guest: i'm sorry about your medical situation. is there that medicaid and for you. i believe there is it proper role for medicaid and medicare and social security. what we have been proposing is to strengthen those programs to make sure they are there fo
host: would you agree to raise the debt ceiling short-term? guest: i think that is say mathematical imperative. am i open to raising the debt ceiling? i am. we got into this wilderness over a long period of time. my deep duty to the second rational district of virginia -- we have the highest concentration of men and women in uniform. we've got to make the decisions now. host: art in florida. caller: good morning. if you could give me a few minutes of your time. i am 47 years old and i depend on...
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Jan 2, 2013
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ceiling. they'll run up against this two-month delay that they just created on putting off the automatic spending cuts, then the overall issue of the government funding that always triggers the will it shut down question, when the current short of short-term budget approval runs out. there will be key points along the way. while that looks like a lot more fighting, what it always does is gives hard points coming up, meaning fixed points, when they'll have to negotiate again, give them a reason, momentum, to solve problems they have clearly been unable to handle over time because it's not easy to do these things and they have not been able to achieve the deficit piece, time to turn the page. >> chris cillizza, thanks to you for standing in, my alter ego during this holiday break, sort of wasn't a full break, given all the news that was developing. but chris, winners and losers, short term, then i want to go to luke to talk about the actual votes and breakdowns. this was a short-term victory, an
ceiling. they'll run up against this two-month delay that they just created on putting off the automatic spending cuts, then the overall issue of the government funding that always triggers the will it shut down question, when the current short of short-term budget approval runs out. there will be key points along the way. while that looks like a lot more fighting, what it always does is gives hard points coming up, meaning fixed points, when they'll have to negotiate again, give them a reason,...
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Jan 4, 2013
01/13
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we're working on the debt ceiling right now and we've got to find ways to address the deficit and debt and reduce spending. that means coming together in a bipartisan way with real solutions for the american people. host: let me dig down deeper in that. in an editorial he posted yesterday, republican leader mitch mcconnell said we need to avoid these 11th hour fights? how do you get to bipartisanship with your democratic colleagues? -- guest: it is a challenge. i hope that the work we went through on the fiscal cliff, going to that deadline, demonstrated to everybody in the house and senate as well as the administration that look, that's not the way to do business. let's get after it and get it done and let's get it done before the deadline. we're already working on it but the key is, people are going to have to recognize that it takes bipartisanship but it also takes real solutions. we have got to find ways to reduce our spending and reform entitlement. we also need progrowth tax reform as well. we need those things and we have -- each side has to give to get a real solution. host: th
we're working on the debt ceiling right now and we've got to find ways to address the deficit and debt and reduce spending. that means coming together in a bipartisan way with real solutions for the american people. host: let me dig down deeper in that. in an editorial he posted yesterday, republican leader mitch mcconnell said we need to avoid these 11th hour fights? how do you get to bipartisanship with your democratic colleagues? -- guest: it is a challenge. i hope that the work we went...
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the federal deficit as he prepares to battle with congress over the national debt ceiling. but he repeated his insistence that congress must raise the debt limit to pay for the debt they already created. when lawmakers threatened inaction on that last year, the nation's credit rating was downgraded. >> as i said earlier this week, one thing i i will not compromise over is whether or not congress should pay for the bill they have already racked up. if congress refuses to give the united states the ability to pay their bills on time the consequences for the entire global economy could be catastrophic. last time they threatened this action our entire economy suffered for t our families and our businesses can't afford that dangerous game again. >>> the republican response by michigan congressman dave camp said it's time to identify responsible ways to tackle washington's wasteful spending. he says america's credit cards are maxed out and there's no money in the bank account so the spending must stop. >>> and president obama is expected to nominate former republican senator chuc
the federal deficit as he prepares to battle with congress over the national debt ceiling. but he repeated his insistence that congress must raise the debt limit to pay for the debt they already created. when lawmakers threatened inaction on that last year, the nation's credit rating was downgraded. >> as i said earlier this week, one thing i i will not compromise over is whether or not congress should pay for the bill they have already racked up. if congress refuses to give the united...
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Dec 18, 2013
12/13
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all attached to a debt ceiling inquiry. ceiling legislation is the time that brings us all together and get the president's attention, which with this president when it comes to reducing spending is a bit of a challenge. i cannot imagine it being done claim. we will have to see if the house once to add to it as a condition of passing it. host: harry reid and mitch inonnell, up for reelection 2014, yesterday weighing in on the next fight of raising the debt ceiling, which could happen in february when the treasury runs out of money to pay its bills. on the two-your budget deal, the washington times reports this -- there are a group of senators think it aired i daring cuts to retirement pay. post" reportsn on that -- inside the story they say according to house budget aides, it will reduce pay by almost six percent, by a man who enlisted at age 18 and retired age 38. 1.26ng him with one million instead of 1.24. this an issue that could be returned to in january. (this morning. democratic caller. what is on your mind. they did
all attached to a debt ceiling inquiry. ceiling legislation is the time that brings us all together and get the president's attention, which with this president when it comes to reducing spending is a bit of a challenge. i cannot imagine it being done claim. we will have to see if the house once to add to it as a condition of passing it. host: harry reid and mitch inonnell, up for reelection 2014, yesterday weighing in on the next fight of raising the debt ceiling, which could happen in...
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Oct 18, 2013
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join us at kp.org and thrive. >>> the bill that reopened the government today and raised the debt ceiling is 35 pages long. it will keep the government running until january 15th. the new fiscal cliff deadline is february 7th. those are the bill's key features. but there's a lot more in those 35 pages with some surprising additions some folks might have missed. call them earmarks or pork or extras, they're part of the bill that wasn't entirely clean afterall. congressional correspondent jake tapper keeping them honest. >> great news. panda cam is back. more importantly, the federal government is open for business. but in order to get that compromise bill done, there were of course some shoe horned extras. some conservatives cried pork after a $2 billion authorization for the olmstead lock and dam project was added to the bill. >> we're here on the ohio river on the olmstead lock an dams project. >> the money will continue to pay for this massive army corps of engineers project along the ohio river. the conservatives fund dubbed it the kentucky kickback, blaming the addition on kentucky's
join us at kp.org and thrive. >>> the bill that reopened the government today and raised the debt ceiling is 35 pages long. it will keep the government running until january 15th. the new fiscal cliff deadline is february 7th. those are the bill's key features. but there's a lot more in those 35 pages with some surprising additions some folks might have missed. call them earmarks or pork or extras, they're part of the bill that wasn't entirely clean afterall. congressional...